How to Sell Classic Mustangs
Ford Mustang cars arrived on the American auto scene in 1964. Classic Mustangs evolved through the 1973 model year, and exhibited general characteristics such as extended front ends and short rear sections. The iconic racing Mustang logo adorned each Mustang's front grille, which likely gave rise to the term "pony car". These classic Mustangs command a variety of prices depending on the vehicle's features and overall condition. Prices may also be influenced by the number of vehicles produced during each model year.
Other People Are Reading
Things You'll Need
- Written information on your Mustang's specifications and features
- List of regional classic car shows
- Photographs of your Mustang
- Legal title
Instructions
-
-
1
Document your Mustang's value. Determine a realistic vehicle price by consulting an independent pricing guide. NADA Guides.com categorizes classic Mustangs by model year, and allows selection of additional variables such as engine size and trim package. Each Mustang model is shown with its original suggested retail price. The guide also displays low retail, average retail and high retail prices for each subject vehicle.
-
2
List with a classic car broker. A reputable classic car broker serves as an excellent resource for your classic Mustang sale. Local and national brokers represent vehicles for sale throughout the United States, and participate in computerized classic vehicle listing networks. Brokers also represent buyers seeking specific vehicles (see Resources). Assemble your vehicle specifications. Examine the brokerage listing agreement, and note the broker's commission percentage. Ensure your concerns are addressed before you sign the agreement.
-
-
3
Contact a regional Mustang club. A targeted Mustang club enables a classic Mustang owner to share his passion with other Mustang fans. Club membership may also be open to potential Mustang owners. Join a regional Mustang club, and participate in car shows and club activities. List your Mustang for sale in the club's print or online newsletter, and display a vehicle "For Sale" sign at club events (see Resources).
-
4
Exhibit the car at a classic car show. Classic car aficionados welcome a chance to attend a regional classic car show. Some shows are targeted to specific types of vehicles, such as antique vehicles older than 1940. Other shows accept registrations for many types of classic cars, trucks and commercial vehicles. While many show visitors attend solely to view the gleaming vehicles, classic car owners have found buyers at the shows as well (see Resources).
-
5
Market through a targeted marketplace. Reach a Mustang-friendly audience through an online Mustang classified listing network. Each model year's vehicles are listed together for buyers' convenience. Owners have sufficient space for a vehicle description, engine and mileage details and a photograph (see Resources).
-
6
Finalize your private Mustang sale. Negotiate with a private buyer until you reach an agreement fair to both parties. Request an appropriate deposit, and work with your bank to implement secure money transfer procedures. Follow your state's Department of Motor Vehicles title transfer protocols to ensure you are in legal compliance with the agency's regulations (S\see Resources).
-
7
Complete your Mustang broker sale. Work with your broker to execute a legal purchase agreement, and ensure that you understand all purchase details. The broker handles requests such as the buyer's desire for a mechanical inspection. Brokers can likely provide a list of finance or insurance agencies as well. Your broker facilitates payment arrangements, and arranges for delivery of the vehicle if needed.
-
1
